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Cable Update (GBPUSD)

  • #384,561
  • Jul 1, 2014 4:30am Jul 1, 2014 4:30am
Quoting cspip
{quote} now 1.7155, maybe
maybe even 1.7165
  • #384,562
  • Jul 1, 2014 4:30am Jul 1, 2014 4:30am
Quoting giveachance
{quote} so long it then. thats the prob. only big boys who can afford to lose billions can long it here.
Big boys never lose.) So, if big boys going to long then small boys will lose their last money in forex..
  • #384,563
  • Jul 1, 2014 4:31am Jul 1, 2014 4:31am
This british gentleman is really unstoppable..
And next stops hunt .. that is crasy..
  • #384,564
  • Jul 1, 2014 4:33am Jul 1, 2014 4:33am
Quoting navk
{quote} One more : Look at the retracement for the move yesterday. Not even 23 % {image}
thanks for the info
  • #384,565
  • Jul 1, 2014 4:33am Jul 1, 2014 4:33am
what is it with traders trying to go against a trend ? 88% short here in this moment - the trade explorer !

best wishes.
it's all gone a bit........
  • #384,566
  • Jul 1, 2014 4:35am Jul 1, 2014 4:35am
Quoting Azeriboy
{quote} Big boys never lose.) So, if big boys going to long then small boys will lose their last money in forex..

totally agreed as faced it before
  • #384,567
  • Jul 1, 2014 4:36am Jul 1, 2014 4:36am
drawing the upper trend line it goes to 17350. crazy figure. cannot comment it at all.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdprodaily.png Size: 22 KB
No emotions, just trade
  • #384,568
  • Jul 1, 2014 4:37am Jul 1, 2014 4:37am
Man, GU's a beast huh...
Come with me if you want to live....
  • #384,569
  • Jul 1, 2014 4:40am Jul 1, 2014 4:40am
Attached Image (click to enlarge)
Click to Enlarge Name: 5L.png Size: 92 KB
65 LOOKS TO BE THE NEXT RESISTANCE IF IT BREAKS THE PIVOT,, I THINK hda would 1 be out looking to get in short 2 in with a 100 pip sl ?????
  • #384,570
  • Jul 1, 2014 4:43am Jul 1, 2014 4:43am
Quoting elbert3
{image} 65 LOOKS TO BE THE NEXT RESISTANCE IF IT BREAKS THE PIVOT,, I THINK hda would 1 be out looking to get in short 2 in with a 100 pip sl ?????
It seems 7140/50 has good offers.
Intraday only.
  • #384,571
  • Jul 1, 2014 4:43am Jul 1, 2014 4:43am
Quoting petetong
what is it with traders trying to go against a trend ? 88% short here in this moment - the trade explorer ! best wishes.
Really .. Aside from a few intraday scalps, If this isn't just Screaming buy dips I don't know what would.
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdmweekly.png Size: 67 KB
Ghost Rider - WWTBMD?
  • #384,572
  • Jul 1, 2014 4:47am Jul 1, 2014 4:47am
still a great position to place a sell
  • #384,573
  • Jul 1, 2014 4:51am Jul 1, 2014 4:51am
Quoting navk
{quote} it seems 7140/50 has good offers.
if you think about it selling or buying is prob best at the pivot so lets see gl
  • #384,574
  • Jul 1, 2014 5:00am Jul 1, 2014 5:00am
Quoting elbert3
{quote} if you think about it selling or buying is prob best at the pivot so lets see gl
i think there are option expiries at 7150. so its stalling here. remember last week I said on Monday there was a rumour that GBP is going to hit 7150. How true were my words and I did not believe the trader who told me that. today he just messaged me the same thing.
  • #384,575
  • Jul 1, 2014 5:06am Jul 1, 2014 5:06am
Quoting giveachance
{quote} i think there are option expiries at 7150. so its stalling here. remember last week I said on Monday there was a rumour that GBP is going to hit 7150. How true were my words and I did not believe the trader who told me that. today he just messaged me the same thing.
really i will just take sl off that 50 in case
  • #384,576
  • Jul 1, 2014 5:08am Jul 1, 2014 5:08am
Just for kicks I'm looking see if I can get even 11 pips out of this testing last SR on a 5M chart. No retreat at all so far. The bulls are serious here.

Short at 7140 SL at 7160 and I won't even wait that far. lol
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusdmm5.png Size: 51 KB
Ghost Rider - WWTBMD?
  • #384,577
  • Jul 1, 2014 5:09am Jul 1, 2014 5:09am
Quoting giveachance
{quote} i think there are option expiries at 7150. so its stalling here. remember last week I said on Monday there was a rumour that GBP is going to hit 7150. How true were my words and I did not believe the trader who told me that. today he just messaged me the same thing.

so what this so called mysterious trader who predicted 7150 says now , where will the cable move and when the hell it will start correction
  • #384,578
  • Jul 1, 2014 5:12am Jul 1, 2014 5:12am
if this is a dollar squeeze then usd/jpy should have fallen but it is flat today. crazy.
  • #384,579
  • Jul 1, 2014 5:17am Jul 1, 2014 5:17am
take no offense.many of us here keep saying this pair has had no retracement therefore it either must go down or is not good for a long entry etc. when it's goin to take a break it will show u some clues on the chart . I remember so many traders busted their accounts on shorting usd/jpy pair when it's on its crazy ride from7x to 90plus just becoz it had no retracement and they said the very same thing. Gu is approaching some major monthly resistance at 1.72-1.73 which could attract some shorts/take profits but again follow your chart don't try to beat it. Btw IMO when u r trading in the trend with the market you won't find it struggling at all trade safe n enjoy it.
  • #384,580
  • Jul 1, 2014 5:19am Jul 1, 2014 5:19am
Quoting albchr
Just for kicks I'm looking see if I can get even 11 pips out of this testing last SR on a 5M chart. No retreat at all so far. The bulls are serious here. Short at 7140 SL at 7160 and I won't even wait that far. lol {image}
Morning Al, 6 pips up would that of paid the commission ? lol just for fun gl
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